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China and India Discuss New Corridor with Nepal

Oct. 29, 2016photo by pee vee

China, India, and Nepal are discussing a new economic corridor, Nikkei reports. Leaders from the three countries met briefly on the sidelines of the BRICS summit earlier this month. Four Chinese companies have applied to conduct feasibility studies, while India has proposed a direct rail link extending south from Kathmandu. This could constitute a seventh corridor under China’s “One Belt, One Road” initiative.